We were suitably excited when BMW first announced the imminent arrival of the M235i Racing. After all, what's not to like about a factory-prepared racecar with 333 horsepower you can pick up for just eighty grand? Now BMW has released the full details on the latest addition to its racing portfolio, where it joins the M3 DTM, M3 GT4, Z4 GTE/GT3 and 320 TC in a growing family of competition machinery prepared by BMW Motorsport.

Based on the new 2 Series coupe, the M235i Racing is the first M Performance model for the track, and boasts the line's most powerful engine: the 3.0-liter twin-turbo straight six has been optimized to 333 horsepower and 332 pound-feet of torque. A mechanical limited-slip differential helps transfer the power to the track surface, along with race-tuned ABS, DSC and traction control.

Four-pot calipers up front and two-pot calipers in the rear shave off speed for the corner and are packed inside the 18-inch alloys, with KW dampers and H&R suspension components. Inside there's a six-point racing harness and Recaro bucket surrounded by an FIA-certified roll cage, and customers can even have an extra seat installed to take passengers for ride-alongs. All of which can be yours for &euro;59,500.00 - equivalent to $82k at today's rates, before taxes.

At that price, BMW says it has already received 30 pre-orders for the M235i Racing, which will take part in the BMW Sports Trophy as a more accessible alternative to the aforementioned Z4 GT3. BMW has been running the series for over 50 years now, but we can also expect to see the M235i tackling the Nordschleife in the VLN series and N&uuml;rburgring 24-hour race.Continue reading BMW reveals full details on M235i Racing